The objective of an audit is to provide reasonable assurance that an assertion corresponds with a set of specified and established criteria.
The goal of the SAA is that one audit can provide both a basis for an opinion on the recipient entity's financial statement and a basis for determining whether federal financial assistance program resources are being managed and controlled appropriately
audit is an evaluation of a person, organization, system, process, project or product .Audits are performed to ascertain the validity and reliability of information, and also provide an assessment of a system's internal control. The goal of an audit is to express an opinion on the person/organization/system etc. under evaluation based on work done on a test basis.Doing a trial process in audit to make it effective is audit trial.
pre-audit is auditor doing audit when the activity/program/project/entity still in progress to ensure all the procedure to be compliance. post audit is auditor doing audit when activity/program/entity/project to be released to ensure all goal to be accomplished.
what is the differences between IS Audit and traditional Audit?
3rd Party Audit - Independent Audit 2nd Party Audit- Customer Audit 1st Party Audit- Internal Audit
How do I write a audit letter about concerns on an audit
Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.
difference between audit program audit & note book
an audit program may contain several audit plans
between financial audit and cost audit
The process of preparation for audit depends on the kind of audit to be performed, it's objective and scope. The scope of the audit is key to the planning process. The planning required or statutory audit is different from internal audit; it also differs from forensic audit?
How would you save against disadvantages of continuous Audit Compare between Continuous Audit and Periodical Audit?